Vadim Yakovlev, 1st Deputy CEO of Gazprom Neft, said:
- Our company is part of the global trend in transitioning to low-carbon energy and decarbonising production facilities
- Oil-industry specialists have considerable experience in capturing and injecting gas into geological formations
- We are in a position to offer our company’s skills and competencies to companies in related industries - incl. low-carbon hydrogen production on Sakhalin
Gazprom Neft will work on investigating the technical and commercial aspects of carbon dioxide recycling.
The parties will also look into prospects for collaborating in other areas associated with decarbonising production facilities.
Deploying carbon dioxide recycling technologies is consistent with sustainable development goals, and is gradually becoming standard practice in industry.
Evgeny Pakermanov, President of Rusatom Overseas, noted:
- The issue of achieving carbon neutrality is becoming ever more urgent for many of Russia’s regions, and demand for cutting-edge technologies in this area can only grow
- It’s beyond question that our cooperation with Gazprom Neft in organising carbon dioxide handling as part of our hydrogen projects on Sakhalin is going to play a key role in implementing our major programme to develop a carbon-free economy in the region and to deploy the best technological solutions there
The company is to study Gazprom Neft’s experience in closed-cycle CO2 capture and injection at depths of several km, and to examine the outlook for recycling CO2 emitted during hydrogen production on the Sakhalin project.
Similar solutions have been successfully deployed by Serbia’s NIS (a JV between Gazprom Neft and Serbia) at the Rusanda field.